Out and About: Is the price on target?

The four-bedroom, three-bath co-op on Central Park West in the low 90s first went on the market in February.  The price then was $1.595 million.

In May, the owner cut the price to $1.495 million.  And in June, down it went another $100,000, to $1.395 million with monthly maintenance of $3,848.  (Yeah, I know, you could do the math yourself.)

The attractively renovated corner apartment then took a temporary break for the summer, returning last month.  The price was unchanged.  Good decision? Continue reading